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The Boards of Directors of the Swiss group Swiss Automotive Group (shareholder of Davasa since 2009) and Davasa, have agreed that the Swiss group will increase its current stake to 49% of the capital of Davasa, so that it becomes the partner with the highest participation in Davasa.
ATR International AG gains five strong shareholders in important growth markets.
Scunthorpe-based FMS Autoparts is the latest company to join AAG UK as a wholly-owned subsidiary.
“IAM Truck Parts Distributors in Europe 2018” is the newest edition of a Wolk After Sales Experts report dedicated to Commercial Vehicle parts market. It [...]
The owners of ATS-Wesel GmbH, Herbert Heissing and Martin Locker, hand over their tire and car service operations in Wesel to Pneuhage Reifendienste Süd GmbH on February 1, 2019. According to the company's announcement, the acquisition secures the future of the site and its seven employees.
A sudden development in Poland: HM Gordon, an independent distributor and member of GroupAuto Polska, is now joining AD International and changing its name to AD Polska. AD International lost its Polish member in 2017, when former AD Polska was bought by Rhiag and rebranded as Elit. HM Gordon was by far the biggest member of GroupAuto Polska in the segments of passenger car parts and the only one with nationwide coverage.
Nexus Automotive International has just nicely strengthened its French presence. On 1 stDecember, the global group with more than 16 billion € added Feu Vert/Impex and First Stop France to his "French case". With these two new members of national sizes Nexus itself as 3 rd player in the French market for independent distribution. And it is armed with pneumatic potential, one of the key services of the after-sales of today ...
Bolton-based GL Motor Factors, a single branch factor and retail shop, has been acquired by AAG.
The John Group, consisting of 32 branches in Bavaria and Austria, has been taken over by Contis tyre chain Vergölst. The annual turnover of the John Group is likely to be below the 50-million-euro mark. In recent years, the business should have been weak.
Since the beginning of November, the Wolk After Sales Experts team operates on a new market, with local office opened in Shanghai, China with local [...]
